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Tata Motors, Toyota report robust growth in bookings on Dhanteras

New Delhi, Nov. 16 -- Automakers such as Tata Motors Ltd and Toyota Kirloskar Motors Pvt. Ltd have reported robust growth in bookings and retail deliveries during the Dhanteras festival this year comp... Read More


Tata Motors, Toyota see YoY growth in retails on Dhanteras

Mumbai, Nov. 14 -- Leading carmakers Tata Motors Ltd and Toyota Kirloskar Motors Pvt Ltd (TKM) have reported year on year growth in bookings and retail deliveries made on Dhanteras, November 13. Dhan... Read More


Royal Enfield looks to rev up its global plans

MUMBAI, Nov. 13 -- Eicher Motors Ltd, the owner of the Royal Enfield brand of mid-sized motorcycles, plans to further expand its international business to drive sales and diversify from its home marke... Read More


Royal Enfield Meteor 350 aimed at pulling customers from other brands: Sid Lal

Mumbai, Nov. 12 -- Royal Enfield Meteor 350, the cruiser motorcycle that replaces the popular Thunderbird range, is aimed at pulling customers from the other two-wheeler brands, a senior company execu... Read More


M&M on track to achieve 18% return on equity: CFO

New Delhi, Nov. 12 -- Mahindra and Mahindra Ltd's (M&M) plans to improve return on equity (ROE) and ensure appropriate capital allocation across businesses is on track, Anish Shah, group chief financi... Read More


Eicher Motors' Q2 consolidated profit declines 40% to Rs.343 crore

MUMBAI, Nov. 12 -- Eicher Motors Ltd on Thursday reported a 40% decline in its consolidated net profit to Rs.343 crore in the September quarter. The company's revenue from operations in the quarter st... Read More


M&M to shutter GippsAero in an effort to reduce cash burn

New Delhi, Nov. 11 -- Mahindra and Mahindra Ltd (M&M) has put up its shuttered Melbourne-based group company GippsAero Pty. Ltd on sale as it continues efforts to reduce cash burn and prioritize capit... Read More


Mitsubishi Corp invests in TVS Supply Chain Solutions for minority stake

Mumbai, Nov. 11 -- TVS Supply Chain Solutions Limited (TVS SCS) on Tuesday said that Japan's Mitsubishi Corporation has invested an undisclosed amount in the former to acquire a minority stake. The C... Read More


M&M to post better margins on robust tractor sales Jul-Sep, but lower profit

Mumbai, Nov. 10 -- Mahindra and Mahindra Ltd (M&M), which will report its Q2 earnings today, is expected to post improved operating margins on a sharp year-on-year growth seen in tractor sales during ... Read More


After SsangYong, Genze, M&M pulls plug on GippsAero

Mumbai, Nov. 10 -- In an attempt to reduce cash burn and prioritize capital allocation to core businesses and other non-core divisions that offer visibility of at least 18% return on equity in the nea... Read More